National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says.
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.
Global stablecoins may be subject to securities laws, says IOSCO, in a new report that could complicate such projects’ embrace of decentralization.
Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys's Lex Sokolin.
Researchers at the Bank for International Settlements say the future of payments may be peer to peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream.
Tagomi is joining the Libra Association.
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier.
Shopify is the first major company to join the consortium behind the Libra digital currency since a string of big-name payments brands dropped out.
The European Union is still trying to figure out what to do about Libra, according to a new memo.
"When we joined the Libra Association, it wasn't like, 'Oh, hey, Facebook is doing something let's join.' It's really about the difference we're making in the world," said Bison Trails' Viktor Bunin.
Fed Chairman Powell has given financial privacy advocates a glimmer of hope – and hinted at how the U.S. might competitively position a digitized dollar.
With $30 million from Polychain and a16z, here's how the buzzy Celo plans to rival Libra on financial inclusion.
Social networks with crypto aspirations must guard their systems against criminal exploitation, said FinCEN's deputy chief.
Libra Vice Chair Dante A. Disparte said some departing Libra partners left the door wide open for an eventual return. They will be welcomed back when they're ready.
The credit-card giant pulled out of the Libra Association in October. Now its chief has opened up on why.